As of late October, the total market capitalization of tokenized U.S. Treasuries reached $8.6 billion, significantly rising compared to mid-September. BlackRock leads with a market capitalization of $2.85 billion, followed closely by Circle and Franklin Templeton, with Fidelity's new fund having a market capitalization of $232 million.

BlockBeats news, on September 24, reported by The Block, Franklin Templeton is expanding its Benji technology platform to the BNB Chain, aiming to broaden investors' access to tokenization investment products. The Benji platform is a tokenization platform independently developed by Franklin Templeton, used to support the trading, management, and operation of token-based investment products. The platform was used in 2021 to launch the world's first on-chain registered U.S. mutual fund and currently supports several tokenized products of the company, providing services to retail and institutional clients.

PANews, September 18 - According to CoinDesk, former Tether co-founder Reeve Collins has launched the STBL protocol, which splits yield-generating RWAs (such as Franklin Templeton BENJI, BlackRock BUIDL, etc.) into a liquid dollar stablecoin USST and interest-bearing NFT YLD. Users can hold principal and yield separately after depositing assets. The protocol design complies with the GENIUS Act requirements, and USST maintains its peg through over-collateralization and incentive mechanisms. The STBL governance token has been listed on multiple exchanges, and the protocol is expected to open to the public in the fourth quarter.

Franklin Templeton has introduced its BENJI platform to the VeChain Blockchain, aiming to integrate corporate payments and expand coverage, providing stablecoin options for businesses operating on VeChain. The BENJI platform is available on at least seven blockchains, with market capitalization primarily coming from Stellar.

Golden Finance reports that Franklin Templeton's digital asset division announced the launch of a patented feature for daily income on its tokenization asset platform Benji, allowing investors to receive real-time calculated income after holding tokenized securities for just a few seconds. This feature is initially deployed on the Stellar blockchain and will be expanded to Ethereum and the remaining 7 supported networks in the future. The new mechanism breaks through the traditional financial model of daily settlement of income, and also calculates and distributes daily income on non-trading days. The platform simultaneously opens the on-chain wallet direct connection function, allowing users to directly subscribe or redeem tokenized securities using stablecoins.

RWA.xyz data shows that six entities hold 88% of tokenized U.S. Treasury bonds, with BlackRock remaining the largest issuer, its BUIDL fund having a market capitalization of $2.5 billion, leading competitors by 360%. The top six funds include Franklin Templeton's BENJI, Superstate's USTB, Ondo's USDY, Circle's USYC, and Ondo's OUSG, with a combined market capitalization of over $3 billion.

PANews reported on February 12th that Franklin Templeton announced on X platform that its on-chain US Treasury currency fund "BENJI" is now live on Solana. Franklin Templeton stated that Solana is a fast, secure, and censorship-resistant Layer 1 blockchain that encourages global adoption through its open infrastructure.

November 1st news, Franklin Templeton Digital